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/ 26 February 2008
The European Union is concerned about competing with China for access to resources and markets in Africa, which partly explains its drive to hook African states into economic partnership agreements (EPAs). According to South Africa’s deputy minister of trade, the EU is afraid that it will lose its foothold on the African continent
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/ 26 February 2008
The man and the youth accused of murdering 17-year-old Cassandra van Rooyen were released on R5 000 bail each in the Krugersdorp Magistrate’s Court on Tuesday. Karl Schuler, lawyer for both accused, said the case was postponed to May 27 for further investigation.
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/ 26 February 2008
South Africa’s economic growth has increased to 5,3% in the fourth quarter of 2007, up from a revised figure of 4,8% in the third quarter, Statistics South Africa said on Tuesday. The 5,3% annualised quarter-on-quarter growth in real gross domestic product (GDP) in the fourth quarter is the highest of 2007.
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/ 26 February 2008
Stormers flank Schalk Burger has received a two-week suspension after being found guilty of ”unsportsmanlike behaviour”. Burger’s suspension runs from February 23 to March 8, inclusive. He has a right to appeal the sentence. His suspension is a big setback for the Stormers, who are yet to win a match in this year’s Super 14 competition.
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/ 26 February 2008
The deadly conflict in Darfur entered its sixth year on Tuesday with no solution in sight, as Khartoum continued to resist the full deployment of a peacekeeping force amid a fresh wave of bombings. The anniversary coincides with visits to the country by Washington’s special envoy for Sudan, Richard Williamson, and China’s point man for Darfur, Liu Giujin, for top-level talks.
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/ 26 February 2008
KwaZulu-Natal has been able to show the world that when power is contested, people do not have to die, Dr Brigalia Bam, chairperson of the Independent Electoral Commission, said on Tuesday. She was speaking at the KwaZulu-Natal legislature in Pietermaritzburg on preparations for the 2009 election.
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/ 26 February 2008
World economic growth could miss the International Monetary Fund’s (IMF) forecast of 4,1% this year if United States and European banks disclose more major losses on the subprime market, the head of the IMF said on Monday. Dominique Strauss-Kahn warned that emerging economies would not escape the effects of the slowdown in rich countries.
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/ 26 February 2008
The number of foreign visitors to South Africa grew by just under 9% last year, Minister of Environmental Affairs and Tourism Marthinus van Schalkwyk said on Tuesday. ”I am pleased to announce that the overall foreign arrivals increased by 8,6% from January to November 2007,” he told a business tourism conference in Sandton.
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/ 26 February 2008
South African stocks were sharply higher at midday on Tuesday following in the footsteps of European markets, but a stronger rand restricted gains. Above-forecast economic growth data added to the positive sentiment. At 11.59am, the all-share index was up 1,22% at 30 176,680, thanks to a 3,08% gain in banks.
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/ 26 February 2008
The so-called ”Special Browse Mole Consolidated Report”, dismissed by the Presidency as the product of a campaign by discredited ”information peddlers”, was produced illegally by the Scorpions and in contravention of their mandate, Parliament’s joint standing committee on intelligence said on Tuesday.